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Precious metals taxation
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Doug61
Posted 5/12/2024 06:42 (#10737377 - in reply to #10736761)
Subject: RE: Precious metals taxation


Eastern NE KS
Seems to me if you want to claim a gold or silver coin is money, then it is simply worth the stamped value or denomination of the money.

On the other hand, if you can convince law and rule makers that you deserve a carve out treatment of no taxes when making money (gain) on an investment then more power to you. I think anyone with a gain shoots for special tax treatment to retain more wealth in their own pocket. Sure makes for some funny rationalizations though.
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